Slide 1: ASX Announcement: AGM Presentation
ASX Announcement | 31 May 2023 AGM Presentation Sydney, Australia, 31 May 2023: Global lifelong learning platform OpenLearning Limited (‘the Company’) (ASX: OLL) provides the 2023 AGM Presentation for the Annual General Meeting to be held at 2pm AEST today, as required by ASX Listing Rule 3.13.3. En
Slide 2: AI-Powered SaaS Platform for Lifelong Learning - Annual General Meeting
For personal use only AI-POWERED SAAS PLATFORM FOR LIFELONG LEARNING OpenLearning Limited (ASX:OLL) Annual General Meeting 31st May 2023
Slide 3: Your Board of Directors
Your Board of Directors For personal use only Spiro Pappas Adam Brimo Non-Executive Chairman Managing Director & Group CEO Spiro is the former executive GM of Global Adam started his career at Macquarie Group and Institutional Banking at NAB & CEO of NAB Asia. Westpac Institution Bank before foundin
Slide 4: Chair's Address
For personal use only Chair’s Address Spiro Pappas
Slide 5: FY22 Review
FY22 Review For personal use only Focus on Platform SaaS Cost Optimisation Capital business Program Completed Management In FY22 we restructured our FY22 cost optimisation was Education Centre of Australia sales teams and centralised significant and yielded (ECA) took a significant stake our operati
Slide 6: FY23 Recent Developments
FY23 Recent Developments For personal use only Platform SaaS Revenue Significant Customer International Continues to Grow Interest in AI Expansion into India Our platform SaaS revenue Release of the AI Assistant Agreement with ECA to growth rate has pilot generated significant launch OpenLearning In
Slide 7: CEO's Address
For personal use only CEO’s Address Adam Brimo
Slide 8: Company timeline and key statistics
2012 Founded in Sydney, Australia For personal use only 2019 Listed on Australian Stock Exchange (ASX:OLL) AI-Powered SaaS Launched OpenCreds Micro-credential 2020 Platform for Framework in Australia and Malaysia Launched the UNSW Transition Program Online 2021 for students to gain entry into 10 uni
Slide 9: FY22 Financial Highlights
FY22 Financial Highlights For personal use only $1.72m 16% 245 20% • Cost optimisation is only partially reflected in FY22. It includes a 37% decrease in Dec FY22 Platform SaaS ARR FY22 SaaS Customers cloud hosting costs • Decrease in group revenue in part as a consequence of focusing on Platform Sa
Slide 10: Leveraging technology at scale: Key metrics summary
Leveraging technology at scale For personal use only Key metrics summary +19% $1.79m • SaaS ARR grew strongly at 19% YoY to reach $1.79m in Q1 2023 $1.50m $1.42m • CAGR of 19% since Q1 2020 $1.05m • Average revenue per customer increased strongly to $7,948 in Q1 FY23, 36% growth from Q1 FY22 • Hosti
Slide 11: Our flywheel: AI-powered lifelong learning platform
Our flywheel: AI-powered lifelong learning platform that closes the loop between education and employability For personal use only Talent Search to connect learners Socially constructive learning experiences, with career opportunities at scale community of practice and project-based Employment Learn
Slide 12: Delivering through three phases
Delivering through three phases For personal use only Value 3. Talent Search 2. Generative AI-layer for Education Providers 1. Learning Platform Current 2023 - 2024 2025 Grow B2B Platform SaaS Integrated generative AI-layer Enable employers to search for business in existing markets and within the p
Slide 13: AI is a Game Changer for EdTech
AI is a Game Changer for EdTech For personal use only We’ve launched AI Powered tools to address one of biggest challenges faced by education providers – content authoring • Short courses may take 1-2 weeks to develop • University length course may take up to 2 months to develop • Course development
Slide 14: Embedded Generative AI delivers superior results
Embedded Generative AI delivers superior results For personal use only Consumer Generative AI Tools Embedded Generative AI in Platforms Domain/Industry ● General purpose consumer tools ● Domain-specific fine-tuning of prompts and models knowledge ● Prompt engineering required for quality output ● Ab
Slide 15: At the forefront of embedding Generative AI
At the forefront of embedding Generative AI; transforming the economics of education For personal use only • Launched OpenLearning’s AI Assistant, the first of many AI enhancements to the Platform for education providers • Humans are always the decision makers, deciding on which actions to take and
Slide 16: Generative AI: First to market & moving fast
Generative AI: First to market & moving fast For personal use only We are developing a complete suite of embedded Generative AI tools for educators AI version release pipeline plan FY23-24 BE AL Q PH 3 TA 20 A 23 Activity creation following Content generation for Module structure and activity best-p
Slide 17: India: A massive market for online education
India: A massive market For personal use only for online education India has one of the world's largest higher education sectors: 1,043 universities, 42,343 colleges, and 11,779 stand-alone institutions1 College-age population, projected to reach 126 million by 2026 The government aims to increase I
Slide 18: Entry to the Indian market in progress
Entry to the Indian market For personal use only in progress Launched OpenLearning India with ECA partnership OLL’s SaaS Platform and a marketplace of short courses, micro-credentials, and online degrees are now available to the India and sub-continent ECA drives sales, marketing and distribution of
Slide 19: FY23-24 strategic priorities to accelerate the pace to break-even
FY23-24 strategic priorities to accelerate the pace to break-even For personal use only JUN DEC JUN DEC 2023 2023 2024 2024 Continue to grow Platform SaaS business in Australia and Southeast Asia Core Enhancement Control costs and improve gross margins Launch and grow OpenLearning India with ECA par
Slide 20: Q&A
For personal use only Q&A
Slide 21: Disclaimer
Disclaimer For personal use only This presentation has been prepared by OpenLearning Limited (The Company). It does not purport to contain all the information that a prospective investor may require in connection with any potential investment in the Company. You should not treat the contents of this
Slide 22: Authorised by / Investor Relations
For personal use only Authorised by: Adam Brimo Managing Director & CEO Investor Relations Matthew Reede Dominion Partners https://solutions.openlearning.com Matt@dominion.partners